About Infosys

Infosys

Infosys Limited (formerly Infosys Technologies Limited) is a multinational company that provides information technology (IT), business consulting and outsourcing services. Infosys shares were listed on American stock exchange NASDAQ in 1999. It is the first IT company from India to be listed on NASDAQ. In FY17, Infosys reported a net profit of Rs 13,818 crore and revenue of Rs 59,289 crore. Infosys is headquartered in Bangalore.

Infosys shares

Infosys shares are traded with symbol INFY on stock exchanges BSE and NSE. The security ID of Infosys on BSE is Infy and security code is 500209.

History

The company was co-founded on July 2, 1981 by CEO Narayana Murthy, Nandan Nilekani, N S Raghavan, S Gopalakrishnan, S D Shibulal, K Dinesh and Ashok Arora with an initial capital of $250. Infosys was initially established as Infosys Consultants Private Limited in Pune, Maharashtra. It later relocated its office to Bengaluru in 1983. The company later changed its name to Infosys Technologies Private Limited and further Infosys Technologies Limited in June 1992. It was later renamed to Infosys Limited.

Background

Infosys made an initial public offer (IPO) in February 1993 and its shares were listed on stock exchanges in June 1993 in India. The annual revenue growth of Infosys touched $100 million in 1999, $1 billion in 2004 and $10 billion in 2017.